The China-U.S. Trade War and Future Economic Relations

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Release : 2018-12-14
Genre : Political Science
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Book Rating : 124/5 ( reviews)

The China-U.S. Trade War and Future Economic Relations - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The China-U.S. Trade War and Future Economic Relations write by Lawrence J. Lau. This book was released on 2018-12-14. The China-U.S. Trade War and Future Economic Relations available in PDF, EPUB and Kindle. The relation between China and the United States is arguably the most important bilateral relation in the world today. The U.S. and China are respectively the largest and the second largest economies in the world. They are also respectively the largest and the second largest trading nations in the world as well as each other’s most important trading partner. If China and the U.S. work together as partners towards a common goal, many things are possible. However, there exist significant friction and potential conflict in their economic relations. The large and persistent U.S.-China bilateral trade deficit is one of the problems. It is essential to know the true state of the China-U.S. trade balance before effective solutions can be devised to narrow the trade surplus or deficit. The impacts and potential impacts of the 2018 trade war between China and the U.S. on the two economies are analysed and discussed. The longterm forces that underlie the economic relations between the two countries beyond the 2018 trade war are examined. In this connection, how a “new type of major-power relation” between the two countries can help to keep the competition friendly and avert a war between them is explored. ~~~~~~~~ Lawrence J. Lau’s timely The China-U.S. Trade War and Future Economic Relations is full of careful analysis, penetrating insight and helpful suggestions from the world’s preeminent economist on this relationship. —Michael J. Boskin Tully M. Friedman Professor of Economics, Stanford University Former Chair, U.S. President’s Council of Economic Advisers This sober and systematic study of U.S.-China trade relations and of technological development in the two countries is particularly timely. Lawrence Lau is one of the world’s foremost economists working on these issues. —Dwight H. Perkins Harold Hitchings Burbank Professor of Political Economy, Emeritus Former Chair, Department of Economics, Harvard University This is a timely and penetrating analysis of the China-U.S. trade and economic relations, from its origins to its impacts and to a way forward. —Yingyi Qian Chairman of the Council, Westlake University Former Dean, School of Economics and Management, Tsinghua University Counsellor of the State Council, People’s Republic of China Lawrence Lau’s book on the current U.S.-China trade war is insightful, balanced and comprehensive; rich in data on trade, investment, science and technology. It is essential reading for anyone who wants to get past the headlines. —A. Michael Spence Nobel Laureate in Economic Sciences (2001) Senior Fellow, The Hoover Institution, Stanford University Lawrence Lau brings light in the form of rigorous honest fact-based economic analysis to a subject where most of the discussion has been heated bluster, false claims, and political rhetoric. —Lawrence H. Summers Former U.S. Secretary of the Treasury; Former President, Harvard University There is no topic more important, or more timely, or more urgent, than the China-U.S. trade war. Professor Lau is the ideal person to write about the implications of the China-U.S. trade war and the proposed resolution. —Tung Chee-Hwa Vice-Chairman, Chinese People’s Political Consultative Conference National Committee Chairman, China-U.S. Exchange Foundation The history of Sino-American relations, to a great extent, has been a shared history. Lawrence Lau’s timely and penetrating study will tell us it is still in best interest for both countries if they continue to pursue a shared journey and destination instead of parting ways. —Xu Guoqi Kerry Group Professor in Globalization History, The University of Hong Kong Author of Chinese and Americans: A Shared History This beautifully composed book uses nontechnical language to unravel the intricacies of the 2018 U.S.-China trade war, together with its long-term impact. I learned a lot from reading it. —Chen-Ning Yang Nobel Laureate in Physics (1957)

The China-U.S. Trade War and Future Economic Relations

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Release : 2019
Genre : POLITICAL SCIENCE
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Book Rating : 851/5 ( reviews)

The China-U.S. Trade War and Future Economic Relations - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The China-U.S. Trade War and Future Economic Relations write by Lawrence J. Lau. This book was released on 2019. The China-U.S. Trade War and Future Economic Relations available in PDF, EPUB and Kindle. Some believe in the "Thucydides Trap": the idea that, since a rising power will challenge the dominance of an established one, a China-U.S. trade war will be inevitable. Being the largest and the second largest trading nations globally, the U.S. and China are in fact each other's most important trading partners, among many aspects of their complex interrelationships. In this book, Lawrence J. Lau examines various economic statistics of the past few decades to show that while the real effects of the China-U.S. trade war in 2018 are not negligible, they are relatively manageable for both nations. There is no need to panic, despite psychological effects on the Chinese stock markets and on the renminbi exchange rate. Behind the trade war is the potential economic and technological competition between China and the U.S., which is likely to become the "new normal." It is up to each government to battle against the rise of xenophobia, based on the fact that China-U.S. economic collaboration is a potentially positive-sum game through better coordination and fully utilizing each other's currently underutilized resources. Balancing China-U.S. trade and enhancing economic interdependence are not only possible, but desirable. --

US-China Economic Relations

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Release : 2019-04-25
Genre : Business & Economics
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Book Rating : 395/5 ( reviews)

US-China Economic Relations - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook US-China Economic Relations write by Ha Jiming. This book was released on 2019-04-25. US-China Economic Relations available in PDF, EPUB and Kindle. Outright trade war between the world’s two largest economies would be devastating to the working people of both countries, as well as destructive to the future of the entire world economy. The costs of conflict between China and the United States far outweigh the current causes of dispute in their economic relationship. These costs would be both direct, in terms of short-term losses of growth and employment, and indirect, in terms of long-term damage to the world trading system, diminishing investment and efficiency. There are points of genuine dispute between the United States and China over their economic interaction. Even if their economic significance is often exaggerated, these are legitimate points of contention and have to be addressed in a constructive manner. The analyses in this volume aim to contribute to a more reality-based consideration of both countries’ enlightened self-interests, which would yield progress on points of dispute in a manner consistent with keeping the world economy open for business.

Geopolitics, Supply Chains, and International Relations in East Asia

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Release : 2021-05-06
Genre : Business & Economics
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Book Rating : 56X/5 ( reviews)

Geopolitics, Supply Chains, and International Relations in East Asia - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Geopolitics, Supply Chains, and International Relations in East Asia write by Etel Solingen. This book was released on 2021-05-06. Geopolitics, Supply Chains, and International Relations in East Asia available in PDF, EPUB and Kindle. An accessible overview of political, economic, and strategic dimensions of global supply chains in a changing global political economy.

Cracking the China Conundrum

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Release : 2017-06-22
Genre : Business & Economics
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Book Rating : 043/5 ( reviews)

Cracking the China Conundrum - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Cracking the China Conundrum write by Yukon Huang. This book was released on 2017-06-22. Cracking the China Conundrum available in PDF, EPUB and Kindle. China's rise is altering global power relations, reshaping economic debates, and commanding tremendous public attention. Despite extensive media and academic scrutiny, the conventional wisdom about China's economy is often wrong. Cracking the China Conundrum provides a holistic and contrarian view of China's major economic, political, and foreign policy issues. Yukon Huang trenchantly addresses widely accepted yet misguided views in the analysis of China's economy. He examines arguments about the causes and effects of China's possible debt and property market bubbles, trade and investment relations with the Western world, the links between corruption and political liberalization in a growing economy and Beijing's more assertive foreign policies. Huang explains that such misconceptions arise in part because China's economic system is unprecedented in many ways-namely because it's driven by both the market and state- which complicates the task of designing accurate and adaptable analysis and research. Further, China's size, regional diversity, and uniquely decentralized administrative system poses difficulties for making generalizations and comparisons from micro to macro levels when trying to interpret China's economic state accurately. This book not only interprets the ideologies that experts continue building misguided theories upon, but also examines the contributing factors to this puzzle. Cracking the China Conundrum provides an enlightening and corrective viewpoint on several major economic and political foreign policy concerns currently shaping China's economic environment.